European crypto firm K33 raises $6.2M for Bitcoin buys

Norwegian crypto brokerage firm K33 plans to join the growing number of public companies buying up Bitcoin after raising 60 million Swedish krona ($6. 2 million) to buy and hold the cryptocurrency. K33 said on May 28 that it secured financing through convertible loans and a new issue of shares and warrants, which “will be used in full to acquire Bitcoin in order to establish the Bitcoin Treasury Strategy. ”Warrants are zero-interest securities that investors can later convert into equity at the same price source: https://cointelegraph.com/news/european-crypto-firm-k33-raises-for-bitcoin-treasury?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound